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Kaiser Financial Services and/or its subsidiaries endeavour to ensure the accuracy and reliability of the information provided, but do not guarantee its accuracy and reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracy or omission or from any decision, action or non-action based on or in reliance upon information contained in this website. Copyright © 2006 Kaiser Investment Holdings Limited. All Rights Reserved.
| General | How do I open an account with Kaiser ? | |
| What types of account can I open with Kaiser? | ||
| How soon can I use my new account for trading? | ||
| How do I apply the Securities/Futures internet trading system services and statement services? | ||
| What are the advantages of using the E-statement Service? | ||
| Equity | How do I transfer Hong Kong securities to Kaiser? | |
| How do I withdraw Hong Kong securities from Kaiser? | ||
| Derivatives | What is a margin call? | |
| Bullion | What is open outcry in gold market? | |
| General | ||
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How do I open an account with Kaiser ? 1. Read carefully the Terms and Conditions and download for your own records 2. Complete the relevant sections of the Client Information Statement. 3. Please bring Obtain copies of the following supporting documents: -- Individual/ Joint Account 1. Hong Kong ID card(s) or passport(s) of all account holders; and 2. Proof of home address such as a recent public utility bill or government bill statement of applicatant statement with your name and address. -- Corporate Account If you have any questions of the corporate account opening , please call our Customer Services Department at (852) 2520 0056 or e-mail to marketing@kaisergroup.com.hk 4. Submit the Account Opening Form and supporting documents to us. You may bring the Client Information Statement and copies of all supporting documents to Kaiser Financial Services office. | ||
| What types of account can I open
with Kaiser?
Cash Account - for trading Hong Kong stocks. Full payment of trade proceeds on the settlement date is required | ||
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How soon can I use my new account for trading? Once Kaiser receives your signed application form with proper documents, we will immediately review your application and when approved, we will assign to you a Account Number and Login User Name (For Securities/Futures Internet trading system), after one day you will receive a New Account Confirmation letter, Login Password and Trading Password (For your access to Kaiser Securities/Futures Internet trading system.) It normally takes one working day to process an account opening application. However, you may not be able to trade immediately until you deposit sufficient funds or stocks into your account. | ||
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How do I apply the Securities/Futures internet trading system services and statement services? Submit the Form: Internet Services Plans/E-statement Subscription After you sign it, you can send it back to Kaiser by fax or by post. | ||
| Using the E-statement Service allows you to monitor your Kaiser trading account more efficiently. You will receive your statements via e-mail earlier than receiving physical statements by post. Additionally, receiving E-statements will help to save trees. | ||
| Equity | ||
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How do I transfer Hong Kong securities to Kaiser? To transfer Hong Kong securities to Kaiser, please submit a SI/ISI Request form. Indicate the broker or custodian from whom Kaiser should receive securities on your behalf. You can also deposit shares into Kaiser by physically delivering the securities to our office. Stocks received will be credited to your account on the settlement date. | ||
| To withdraw Hong Kong securities from Kaiser, please submit a Physical Shares Withdrawal Instruction form. | ||
| Derivatives | ||
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What is a margin call? A margin call will be issued when the account value at market is lower than the maintenance margin requirement of all futures/ options positions. When an account is on margin call, you will not be able to open any more positions or withdraw cash unless the full margin call amount is paid-up immediately, by way of cash deposit and/ or closing out an appropriate number of existing open positions. | ||
| Bullion | ||
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What is open outcry in gold market? The trading method, still in use in most futures markets, is known as Open Outcry. Member firms or their representatives call out prices in Cantonese in the trading hall. Their calls are supplemented by hand signals. When a deal is done, the seller must complete a ticket within 15 minutes. Upon confirmation of the seller, this ticket is submitted to the settlement department of the Exchange for registration. For effective risk management, records of trading members' deposit and outstanding positions will also be updated. | ||
